XF SYSTEMS OÜ

Active Registry code 11109740 OÜ Tallinn Registered 8 Feb 2005

XF SYSTEMS OÜ is a OÜ based in Tallinn, registry code 11109740, status: active. Main activity: Computer facilities management activities. According to EMTA, turnover for Q3 2026 was €50 885 with 4 employees.

Turnover

50 885 €

↑ 67.1% vs Q2 2026

State taxes

18 666 €

↑ 5.6% vs Q2 2026

Labour taxes

5 309 €

↑ 2.0% vs Q2 2026

Employees

−1 vs Q2 2026

Q3 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Computer programming, consultancy and related activities · EMTAK 62

Turnover · Q3 2026 50 885 €

above 73% of companies

industry median 19 078 € · companies in the industry: 7 345
Labour taxes per employee 1 327 €

above 29% of companies

industry median 2 345 € · companies in the industry: 2 783
Revenue · 2025 124 529 €

above 81% of companies

industry median 14 309 € · companies in the industry: 13 336
Net profit margin · 2025 46.3 %

above 72% of companies

industry median 15.1 % · companies in the industry: 8 943

Taxes and turnover

Q4 2023 – Q3 2026

Turnover, € Q3 2026: 50 885 € · +67.1% vs Q2 2026 · industry median 19 078 € · above 73% of the industry

Company
Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Labour taxes per employee, € Q3 2026: 1 327 € · +27.5% vs Q2 2026 · industry median 2 345 € · above 29% of the industry

Company
Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Employees Q3 2026: 4 · −20.0% vs Q2 2026

State taxes, € Q3 2026: 18 666 € · +5.6% vs Q2 2026

Figures by quarter
Quarter	Turnover, €	State taxes, €	Labour taxes, €	Employees
Q3 2026	50 885	18 666	5 309	4
Q2 2026	30 453	17 673	5 205	5
Q1 2026	46 157	27 487	4 884	5
Q4 2025	39 739	18 245	6 599	5
Q3 2025	25 294	10 817	5 450	5
Q2 2025	31 190	13 705	6 579	5
Q1 2025	27 479	13 730	5 913	5
Q4 2024	29 870	14 120	5 468	5
Q3 2024	26 795	12 266	5 653	5
Q2 2024	28 331	12 901	5 096	5
Q1 2024	25 373	19 397	5 698	5
Q4 2023	32 149	73 073	4 968	5
Q3 2023	33 817	11 354	5 434	4
Q2 2023	32 518	10 920	5 128	5
Q1 2023	31 945	9 359	3 629	4
Q4 2022	29 558	8 716	3 119	4
Q3 2022	37 176	10 886	3 872	4
Q2 2022	35 699	10 359	3 549	4
Q1 2022	35 861	11 104	4 404	4

Labour taxes per employee per month

442 €

Turnover per employee in the quarter

12 721 €

Q3 2026 · calculated from EMTA data

Financials by year

2016 – 2025

Revenue, € thousand 2025: 124 529 € · +9.9% vs 2024 · industry median 14 309 € · above 81% of the industry

Company
Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € thousand 2025: 57 630 € · −25.4% vs 2024 · industry median 106 € · above 89% of the industry

Company
Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: 46.3 % · −21.9 pp vs the year before · industry median 15.1 % · above 72% of the industry

Company
Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € thousand 2025: 254 277 € · +13.9% vs 2024

Equity, € thousand 2025: 235 543 € · +12.8% vs 2024

Employees 2025: 4 · +0.0% vs 2024 · industry median 1 · above 90% of the industry

Company
Industry median

Industry: Computer programming, consultancy and related activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Financials by year
Year	Revenue, €	Net profit, €	Labour costs, €	Assets, €	Equity, €	Employees
2025	124 529	57 630	56 968	254 277	235 543	4
2024	113 360	77 249	46 336	223 289	208 883	4
2023	125 117	64 211	50 195	215 788	201 670	4
2022	138 111	42 875	35 463	473 078	415 455	4
2021	120 452	60 324	35 487	425 279	372 577	4
2020	137 003	149 735	36 127	382 973	312 083	4
2019	143 568	73 934	38 528	193 195	187 349	5
2018	—	—	—	—	—	4
2017	—	—	—	—	—	2
2016	—	—	—	—	—	2
2015	—	—	—	—	—	2
2014	—	—	—	—	—	2
2013	—	—	—	—	—	3
2012	—	—	—	—	—	3
2011	—	—	—	—	—	2
2010	—	—	—	—	—	2
2009	—	—	—	—	—	1
2008	—	—	—	—	—	1

Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.

Financial ratios for 2025

Net profit margin

46.3 %

Net profit / revenue

Return on equity (ROE)

24.5 %

Net profit / equity

Return on assets (ROA)

22.7 %

Net profit / assets

Equity ratio

92.6 %

Equity / assets

Debt ratio

7.4 %

Liabilities / assets

Current ratio

10.42

Current assets / current liabilities

Revenue per employee

31 132 €

Revenue / average full-time employees

Labour cost per employee per month

1 187 €

Labour costs / employees / 12 months (incl. employer taxes)

Annual reports

PDFs from e-Äriregister

Annual reports
Year	Period	Filed	Report	Documents
2025	1 Jan 2025 – 31 Dec 2025	4 Jul 2026	Company’s own	e-Äriregister
2024	1 Jan 2024 – 31 Dec 2024	23 May 2025	Company’s own	e-Äriregister
2023	1 Jan 2023 – 31 Dec 2023	4 Jun 2024	Company’s own	e-Äriregister
2022	1 Jan 2022 – 31 Dec 2022	21 Jun 2023	Company’s own	e-Äriregister
2021	1 Jan 2021 – 31 Dec 2021	3 Jun 2022	Company’s own	e-Äriregister
2020	1 Jan 2020 – 31 Dec 2020	25 May 2021	Company’s own	e-Äriregister
2019	1 Jan 2019 – 31 Dec 2019	26 Jun 2020	Company’s own	e-Äriregister

Board

Siim Vahtre
Board member · since 28 Nov 2006

Right of representation

Any member of the management board may represent the private limited company in all transactions.

Owners

Siim Vahtre
Natural person · 2 556 €

100%

Owner in

OÜ Future Food Now
0.04%

Beneficial owners

Siim Vahtre
Direct ownership · since 18 Oct 2018

Founders and other persons

No other persons.

shared board members, owners or beneficial owners

Activities (EMTAK)

62202Computer facilities management activities Main
62101Computer programming activities
93291Amusement and recreation activities n.e.c.

Rulings 16

All rulings (PDF)

Rulings
Number, date	Title	Deadline	State	Document
Ä 10086132 / 15 1 Sep 2023	Amendment entry		In force 1 Sep 2023	PDF
Ä 10086132 / 14 26 Jun 2020	Amendment entry		In force 26 Jun 2020	PDF
Ä 10086132 / 13 17 Jan 2018	Amendment entry		In force 17 Jan 2018	PDF
Ä 10086132 / 12 8 Nov 2017	Amendment entry		In force 8 Nov 2017	PDF
Ä 10086132 / 11 6 Feb 2017	Amendment under Commercial Code § 525 (2)		In force 6 Feb 2017	PDF
Ä 10086132 / 10 31 Aug 2016	Amendment entry		In force 31 Aug 2016	PDF
Ä 10086132 / 9 11 Mar 2011	Amendment entry		In force 11 Mar 2011	PDF
Ä 86132 / 8 3 Nov 2009	Amendment entry		In force 3 Nov 2009	PDF
Ä 86132 / 7 2 Nov 2009	Amendment under Commercial Code § 525 (2)		In force 2 Nov 2009	PDF
Ä 86132 / 6 3 Dec 2008	Deletion of activities from the registry card		In force 17 Dec 2008	PDF
Ä 86132 / 5 29 Jan 2007	Amendment entry		In force 29 Jan 2007	PDF
Ä 86132 / 4 28 Nov 2006	Note on closing the former card of a transformed company		In force 28 Nov 2006	PDF
Ä 86132 / 3 28 Nov 2006	Second (constitutive) transformation entry		In force 28 Nov 2006	PDF
Ä 86132 / 2 28 Nov 2006	First (declaratory) transformation entry		In force 28 Nov 2006	PDF
Ä 86132 / M1 7 Nov 2006	Ruling to eliminate deficiencies (to be served)	1 Jan 2007	In force 10 Nov 2006	PDF
Ä 86132 7 Feb 2005	First entry		In force	PDF

Sources: e-Äriregister and EMTA. Data updated 31 Oct 2026. Open at the source ↗ · Report an error in the data

XF SYSTEMS OÜ

Position in the industry Computer programming, consultancy and related activities · EMTAK 62

Taxes and turnover

Financials by year

Financial ratios for 2025

Annual reports

Board

Right of representation

Owners

Owner in

Beneficial owners

Founders and other persons

Related companies

Activities (EMTAK)

Rulings 16